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6 Required information [The following information applies to the questions displayed below] Hair World Inc. is a wholesaler of hair supplies. Hair World uses a

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6 Required information [The following information applies to the questions displayed below] Hair World Inc. is a wholesaler of hair supplies. Hair World uses a perpetual inventory system. The following art 3 of 4 09 transactions (summarized) have been selected for analysis: ints $43,200 a. Sold merchandise for cash (cost of merchandise $24,797) b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) 030301 for cash refund (original cost of merchandise $300 c. Sold merehandise (costing $4,275 to a custozer on account with terms n/60. d. Collected halt of the balance oved by the customer in (c). e. Granted a partial allowance relating to credit sales the custoner in (c) had not yet 500 9,000 4,500 eBook 144 paid. Print 3. Prepare journal entries to record transactions (al-(e), (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Drau 6 7 of 11 Next

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